CNP - HoustonNewMedia.org https://houstonnewmedia.org/tag/cnp/ Building "Bridges" Across the Bayou City! Tue, 14 Sep 2021 13:05:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 CNP - HoustonNewMedia.org https://houstonnewmedia.org/tag/cnp/ 32 32 103504436 CenterPoint reports 450,000 customers without power as Nicholas moves across Houston https://houstonnewmedia.org/centerpoint-reports-450000-customers-without-power-as-nicholas-moves-across-houston/?utm_source=rss&utm_medium=rss&utm_campaign=centerpoint-reports-450000-customers-without-power-as-nicholas-moves-across-houston Tue, 14 Sep 2021 13:05:20 +0000 http://houstonnewmedia.org/?guid=44ad38922670db88b4da661b51dbfabf Hurricane Nicholas made landfall in the Matagorda Bay area as a Category 1 storm early Tuesday morning but was later downgraded back to a tropical storm as it moved over the Houston area.

As of 8:04 a.m. Tuesday, Sept. 14, Houston-based CenterPoint En...

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]]> 167354 CenterPoint Energy names new independent chairman, changing board structure https://houstonnewmedia.org/centerpoint-energy-names-new-independent-chairman-changing-board-structure/?utm_source=rss&utm_medium=rss&utm_campaign=centerpoint-energy-names-new-independent-chairman-changing-board-structure Thu, 22 Jul 2021 18:44:21 +0000 http://houstonnewmedia.org/?guid=4d30cecd3a3fd220b607d4cf80c85c72 One chairman steps down and an independent chair is appointed at Houston-based CenterPoint Energy Inc. (NYSE: CNP). The company said it's changing its board leadership and governance structure.

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]]> 144191 CenterPoint working on last percent of blackouts https://houstonnewmedia.org/centerpoint-working-on-last-percent-of-blackouts/?utm_source=rss&utm_medium=rss&utm_campaign=centerpoint-working-on-last-percent-of-blackouts Thu, 18 Feb 2021 20:09:42 +0000 http://houstonnewmedia.org/?guid=04265ce9ad642914e7269d44c49c36b7 Houston-based electricity transmission giant CenterPoint Energy Inc. (NYSE: CNP) is reporting more than 99% of its customers have power as of Thursday, Feb. 18.

The figure is up from below 50% just a day prior, according to CenterPoint's outage tracke...

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]]> 110740 CenterPoint Energy promotes executives to C-suite https://houstonnewmedia.org/centerpoint-energy-promotes-executives-to-c-suite/?utm_source=rss&utm_medium=rss&utm_campaign=centerpoint-energy-promotes-executives-to-c-suite Fri, 24 Jul 2020 13:11:00 +0000 http://houstonnewmedia.org/?guid=74b4343a80781c6d3b7744f3f7403915 Houston-based CenterPoint Energy Inc. (NYSE: CNP) continues to change up its leadership team with the promotion of three executives, including at least two the company's executive committee, according to a press release.

Lynne Harkel-Rumford has been ...

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]]> 61844 CenterPoint Energy discloses salary, bonus for new CEO Dave Lesar https://houstonnewmedia.org/centerpoint-energy-discloses-salary-bonus-for-new-ceo-dave-lesar/?utm_source=rss&utm_medium=rss&utm_campaign=centerpoint-energy-discloses-salary-bonus-for-new-ceo-dave-lesar Fri, 03 Jul 2020 20:30:00 +0000 http://houstonnewmedia.org/?guid=ad19549816f2f0c851423dafa49fa6a7 Houston-based CenterPoint Energy Inc. (NYSE: CNP) will pay new President and CEO Dave Lesar a slightly higher base salary than his predecessor.

The energy provider announced Lesar's appointment on June 30, and he took over the role on July 1. His exe...

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]]> 57203 CenterPoint Energy closes multimillion-dollar divestment after price adjusted https://houstonnewmedia.org/centerpoint-energy-closes-multimillion-dollar-divestment-after-price-adjusted/?utm_source=rss&utm_medium=rss&utm_campaign=centerpoint-energy-closes-multimillion-dollar-divestment-after-price-adjusted Wed, 03 Jun 2020 12:55:10 +0000 http://houstonnewmedia.org/?guid=8b7bb36f50b193b5c033f2359582c099 Houston-based CenterPoint Energy Inc. (NYSE: CNP) completed the sale of its natural gas retail business, formerly called CenterPoint Energy Services Inc., to private equity firm Energy Capital Partners LLC.

When it was announced in February, the deal...

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]]> 49600 CenterPoint Energy names interim CFO, cuts spending, dividend https://houstonnewmedia.org/centerpoint-energy-names-interim-cfo-cuts-spending-dividend/?utm_source=rss&utm_medium=rss&utm_campaign=centerpoint-energy-names-interim-cfo-cuts-spending-dividend Thu, 02 Apr 2020 13:12:04 +0000 http://houstonnewmedia.org/?guid=ad957752ba13f9bbd7071598b2fc1312 Houston-based CenterPoint Energy Inc. (NYSE: CNP) is looking to fill another C-suite role while also planning to cut costs in response to lower distributions from its master limited partnership.

Xia Liu, executive vice president and CFO, will leave Ce...

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]]> 32012 CenterPoint’s former, interim CEOs to receive millions https://houstonnewmedia.org/centerpoints-former-interim-ceos-to-receive-millions/?utm_source=rss&utm_medium=rss&utm_campaign=centerpoints-former-interim-ceos-to-receive-millions Wed, 11 Mar 2020 13:10:53 +0000 http://houstonnewmedia.org/?guid=0ad33afbcd9da5a7ddd38bff789e60c4 Houston-based CenterPoint Energy Inc. (NYSE: CNP) will pay its outgoing CEO more than $7 million in addition to stock awards and other benefits.

Scott Prochazka stepped down from the energy provider and its board of directors on Feb. 19. He will recei...

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]]> 24877 CenterPoint Energy makes another divestment deal for hundreds of millions of dollars https://houstonnewmedia.org/centerpoint-energy-makes-another-divestment-deal-for-hundreds-of-millions-of-dollars/?utm_source=rss&utm_medium=rss&utm_campaign=centerpoint-energy-makes-another-divestment-deal-for-hundreds-of-millions-of-dollars Mon, 24 Feb 2020 13:00:45 +0000 http://houstonnewmedia.org/?guid=3d05760d6d94c261dc55ca4efb605032 Houston-based CenterPoint Energy Inc. (NYSE: CNP) will sell its natural gas retail business to a private equity firm for about $400 million, according to a Feb. 24 press release.

Energy Capital Partners LLC is buying CenterPoint Energy Services Inc. i...

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]]> 20687 CEO of major Houston energy co. steps down effective immediately https://houstonnewmedia.org/ceo-of-major-houston-energy-co-steps-down-effective-immediately/?utm_source=rss&utm_medium=rss&utm_campaign=ceo-of-major-houston-energy-co-steps-down-effective-immediately Thu, 20 Feb 2020 00:04:48 +0000 http://houstonnewmedia.org/?guid=5d08bb0ccfff83e0f8efe485afcd14e6 The president and CEO of a major Houston-based energy provider has stepped down.

CenterPoint Energy Inc. (NYSE: CNP) announced Feb. 19 that board member John W. Somerhalder II has been named interim president and CEO effective immediately. He succeeds...

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]]> 19646 CenterPoint Energy to sell Vectren subsidiaries for $850M https://houstonnewmedia.org/centerpoint-energy-to-sell-vectren-subsidiaries-for-850m/?utm_source=rss&utm_medium=rss&utm_campaign=centerpoint-energy-to-sell-vectren-subsidiaries-for-850m Mon, 03 Feb 2020 13:43:05 +0000 http://houstonnewmedia.org/?guid=c0e52ef262518c8eea5a94c842147e50 Houston-based CenterPoint Energy Inc. (NYSE: CNP) will sell a pair of former Vectren Corp. subsidiaries to Atlanta-based PowerTeam Services LLC for $850 million in cash.

The deal is expected to be complete in the second quarter of 2020, according to a...

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